accy201 at Ole Miss
Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!

Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!

A couple of bits of info about the site:

  • I've recorded 84 videos, which means you get 845 minutes of accounting (lucky you)
  • There are 70 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Accy 201.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  1. The Accounting Equation

    3:02
  2. Assets vs Liabilities

    5:32
  3. Shareholder's Equity

    5:26
  4. The Balance Sheet

    5:52
  5. The Statement of Retained Earnings

    5:51
  6. The Income Statement

    6:19
  7. The Statement of Cash Flows

    6:02
  8. How the Statements Work Together

    9:02
  9. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 2
    Recording Transactions

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. The Classified Balance Sheet

    4:48
  16. Retained Earnings vs Shareholder's Equity

    6:41
  17. T-Accounts

    3:15
  18. Debits and Credits

    6:49
  19. Determining Normal Balances For Assets & Liabilities

    10:04
  20. Determining Normal Balance for Shareholder's Equity

    11:53
  21. Normal Balance Shortcut: Double Entry

    11:51
  22. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  23. The Journal, Ledger, Trial Balance

    14:00
  24. Your site is the reason I did so well in accounting! I wish I had something like that for my economics classes! Good work!
    — Katie C., Spring 2016

    Chapter 3
    Adjusting Accounts

  25. Cash vs. Accrual Accounting

    7:21
  26. Expense Recognition

    8:07
  27. Accruals and Deferrals

    15:07
  28. What is an Adjusting Entry?

    4:11
  29. Adjusting Entry: Supplies

    1:54
  30. Adjusting Entry: Wages

    4:52
  31. Adjusting Entry: Unearned Revenue

    2:11
  32. Adjusting Entry: Interest

    2:03
  33. Contra-accounts

    4:40
  34. Depreciation

    7:10
  35. The Closing Process

    10:37
  36. Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
    — Caitlyn, Spring 2018

    Chapter 4
    Merchandising Firms

  37. COGS and Inventory

    2:57
  38. Net Sales

    10:03
  39. Perpetual vs Periodic

    7:10
  40. Drawbacks to Periodic

    6:07
  41. FOB Shipping?

    8:51
  42. Transportation In

    8:41
  43. COGS

    6:18
  44. The Multistep Income Statement

    12:44
  45. Gross Profit vs Net Profit

    6:15
  46. Profit Margin

    3:22
  47. You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    Chapter 5
    Inventories

  48. Specific Identification

    2:17
  49. Weighted Average

    4:21
  50. FIFO and LIFO

    20:17
  51. Estimating with Gross Profit

    7:23
  52. Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    Chapter 6
    Cash and Bank Reconciliations

  53. Cash and Cash Equivalents

    7:52
  54. Bank Reconciliations: What and Why

    9:38
  55. Bank Reconciliations: How

    20:57
  56. Debit and Credit Memos

    5:21
  57. Fixing Mistakes in Bank Recs

    8:32
  58. You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 7
    Accounts Receivable and Bad Debts

  59. A/R and Bad Debts Introduction

    7:09
  60. Direct Method

    4:15
  61. The Allowance Method

    8:56
  62. Income Statement vs Balance Sheet Methods

    13:14
  63. Net Credit Sales

    5:20
  64. Write Offs and Reinstatements

    8:26
  65. Notes Receivable

    11:27
  66. As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    Chapter 8
    Long Term Assets

  67. Acquisition Cost of Assets

    13:23
  68. Lump Sum Purchases

    6:01
  69. What is Depreciation?

    11:23
  70. Straight Line Depreciation

    4:33
  71. Double Declining Balance

    13:58
  72. Units of Production

    3:43
  73. Partial Year Depreciation

    5:50
  74. Capital vs. Revenue Expenditures

    10:42
  75. This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019

    Chapter 9
    Current Liabilities

  76. Interest Bearing Notes

    8:26
  77. Contingencies

    5:58
  78. I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., Fall 2019

    Chapter 10
    Long Term Liabilities

  79. Intro to Bonds

    10:04
  80. Discounts and Premiums

    7:34
  81. Selling at a Discount

    7:15
  82. Selling for a Premium

    8:11
  83. Amortization

    21:42
  84. Borrowing Cost

    6:33
  85. Interacting with Market Rates

    5:30
  86. Retiring Bonds

    9:54
  87. Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

    Chapter 11
    Capital Stock

  88. Shareholder's Equity

    5:12
  89. Stock Classifications

    4:19
  90. Issuance of Stock

    6:37
  91. Treasury Stock

    11:11
  92. Cash Dividends

    9:58
  93. The Effect of Cash Dividends

    6:08
  94. Stock Dividends

    13:48
  95. I could not have finished this course without your help. I really appreciate how concise you are with your words and how you take the time to create clear visuals when explaining concepts.
    — Emma, Fall 2016